The four-storey apartment building with a commercial unit on the ground floor.

Description

The property was built in 1968 and renovated in 2012.

The building includes 10 residential premises of 716 m², a commercial unit of 138 m², a basement and an attic floor.

1 apartment is vacant.

There are 5 parking spaces in the territory of the house.

Energy Performance Certificate:

energy performance certificate type: Consumption

main energy sources: gas

consumption value: 162,20 kWh/m²a

valid until: 21.04.2024

Financial performance

Absolute annual income is 42,605 €.

The current yield of 7.3%.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 5.0%.

Brokerage fee is 5.95%.

Location

Bremerhaven is the largest city on the German coast of the North Sea. The population of the city has increased by 15% since 2009 and currently exceeds 120 thousand people.

The unemployment rate has decreased by almost 13% since 2009. Bremerhaven is not only one of the most lucrative real estate locations, but also a hi-tech development center, where over 15,000 jobs have appeared over the past 18 years.

The city has developed the construction and maintenance of offshore wind turbines. The leading wind industry hardware suppliers and 5 R & D organizations have already established and/ or expanded their operations here.

The Port is the 5th largest in Europe and the continent’s largest for frozen foods and ship-based vehicle import & export.

Public transport stops, supermarkets, a department store, parks and schools are situated not far from the property.